Amazon Squeaks Past Its Own Estimates
"For the first time, Amazon broke out the revenues from what it calls its "service" business, partnerships it has signed with Toys ‘R’ Us, Microsoft, Hewlett-Packard and other companies. While revenues in the service business were a modest $42 million, they accounted for $4 million in pro forma operating profits, the second Amazon business segment to achieve operating profitability."
They’re still losing a lot of money, and while consumer electronics grow, books, music and video don’t.
05/07/01 update: EBITDA Addiction Growing At Dot-coms. 06/25/01 addon: Name Your Own Reality.
